2008–16 Spanish financial crisis

Growing profits, high capital buffers and stable funding are pillars that will continue to support the prospects for banks in Bulgaria, according to Moody's Investors Service's analysis of the banking sector and financial stability in the country. Reports Investor.

Inflation across the 19-country eurozone held up better than anticipated in the face of waning energy prices, a sign that the region's economic recovery is reverberating across the single currency bloc, official figures showed Friday, according to the USA Today. 

The unemployment rate in the 28 member-states of the EU stabilised in September at its lowest level in seven and a half years - 8.5%, while, at the same time, unemployment in Bulgaria marked a decrease to 7.5%, reaching its lowest level since 2009, showed Eurostat data.

Greece?s largest lender by assets National Bank (NBG) reported on Monday it swung to a loss in the fourth quarter as higher provisions for impaired loans weighed on its bottom line.

By Mike Peacock

After a head-spinning bout of volatility, next week will be dominated by one question: Will the European Central Bank take the ultimate policy leap or pull its punches?

The ECB could launch a government bond-buying program with new money as soon as its Jan. 22 meeting, although Greek elections three days later are a complication.